Settings8H · net · $10k
Funding arb · Price arb /

RUNE

all RUNE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: KuCoin against Extended−0.030%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1761.758% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.030%, 7d avg −0.004%
Together, before fees−0.068%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.026% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended RUNE-USD0.62790.0104pay 0.0013% / 1h25m 39s$6K$153K10x
ShortKuCoin RUNEUSDTM0.62770.0100get 0.0100% / 8h2h 25m$966K$364K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$0.84
Price spread: −0.030% → −0.004%
−$2.55
Slippage, 4 orders
−$158.82
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$179.21
Costs to cover
1.758%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 20 min ago5.24 bp25.6 bp −$26211.1 bp −$2,111doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago3.18 bp46.6 bp −$47192.1 bp −$1,921doesn't fitdoesn't fit

RUNE on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit RUNE_USDC-PERPETUAL0.0000%1h0.6275−0.062%10xas long as short
Injective RUNE/USDC PERP+0.0033%1h0.6155−1.973%$7$1412xas long as short
BloFin RUNE-USDT+0.0077%8h0.6270−0.141%$430K$207K75xas long as short
Binance RUNEUSDT+0.0100%8h0.6283+0.068%$4.8M$16.1M75xas long as short
Bybit RUNEUSDT+0.0100%8h0.6281+0.034%$2.8M$2.9M75xas long as short
Gate RUNE_USDT+0.0100%8h0.6284+0.081%$623K$367K50xas long as short
MEXC RUNE_USDT+0.0100%8h0.6280+0.018%$3.4M$3.6M125xas long as short
KuCoin RUNEUSDTMshort+0.0100%8h0.6277−0.030%$966K$364K50x
Bitget RUNEUSDT+0.0100%8h0.6282+0.050%$1.5M$782K50xas long as short
BingX RUNE-USDT+0.0100%8h0.6279+0.002%$58.7Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni RUNE+0.0100%8h0.6269−0.158%$184K$67Kas long as short
Extended RUNE-USDlong+0.0104%1h0.6279long leg$6K$153K10x
Coinbase International RUNE-PERP-INTX+0.0624%1h0.6395+1.849%$38K$30K25xas long as short
Kraken Futures PF_RUNEUSD+0.0830%1h0.6272−0.106%$158K$304K20xas long as short
dYdX RUNE-USD+0.0837%1h0.6274−0.070%$27K$32K5xas long as short
Hyperliquid RUNE+0.1448%1h0.6282+0.058%$1.8M$1.2M5xas long as short